Interactive Learning Experience: The Tax Timing Machine Roth and Traditional IRAs hold the same investments and grow at the same rate, so the whole question is when you pay the tax. Set your tax rate today and the rate you expect in retirement, and watch the two after-tax balances trade places. A second mode runs …
Interactive Learning Experience: The Bare-Bones Builder Every monthly expense starts in one pile at the top. Drag each one into Survival or Nice-to-have (editing the amounts to match your own life if you want), and two emergency fund targets grow side by side. One is the number most people calculate from their whole budget, and …
Infographic: Trump Account Explained – When is it Really a Good Deal? Trump Accounts Explained The government is giving your child a free $1,000 through the Trump Account – but if you plan to use it for college, you could cost your child $5,000! I passed the CFP® exam at 16 and have helped millions …
YouTubers Keep Giving Bad Money Advice YouTubers keep telling you to invest in real estate, crypto, and their favorite stocks – but that advice is actually making your financial situation worse, not better. Having millions of followers doesn’t necessarily mean they know how to build wealth. And the strategies that made them richer could actively …
Interactive Learning Experience: Where Does the Next Dollar Go You have money left over each month and five places it could go. Drag them into the order you would fund them, and watch five years play out as the money runs down your list. Some runs hit you with a job loss and some do not, …
Interactive Learning Experience: Beat the Market Twenty years, one decision each year: buy the index fund, or pick five stocks. Your money is tracked against what you would have had by simply holding the index the whole way. At the end, replay your exact strategy a thousand times with a single button click to see where …
Infographic: Fact Checking Rich Dad Poor Dad Rich Dad Poor Dad: Genius or Bad Advice? When I first read Rich Dad Poor Dad, I was hooked. The advice is genius on the surface: who doesn’t want to earn money while they sleep? But the more I learned about actual financial planning, the more I noticed …
Infographic: 3 Ways Companies Legally Take Your Money How Companies Are Legally Stealing From You (And How to Stop Them) These are three ways billion-dollar companies are legally stealing thousands of dollars from you. Here’s how to stop them – from someone who passed the CFP® exam at 16 and has helped millions improve their …
Millionaires Keep Giving Bad Money Advice Celebrities and finance influencers keep telling you to earn passive income, find tax loopholes, and cut your spending – but that advice is actually making your financial situation worse, not better. Having millions of followers doesn’t necessarily mean they know how to build wealth. And the strategies that made …
Infographic: Health Insurance Doesn’t Work the Way Most People Think Why Americans Pay So Much for Healthcare Tyler thought he was smart: he had health insurance, made a budget, and invested every month. But one day, he collapsed during his morning workout and had to be rushed to the ER. His surgery went perfectly, and …
